Cost of Living in Morven, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
95.6
100 = national avg
-4.4 vs national average
Living Wage (1 Adult)
$42,057
per year
Living Wage (Family of 4)
$99,406
per year
Cost Index by Category
Housing79.0
Transportation135.6
Utilities93.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$867
per month
2 Bedroom
$1,138
per month
The overall cost of living index in Morven is 95.6, which is 4.4% below the national average. Housing costs are below the national average at an index of 79.0. A single adult needs to earn approximately $42,057 per year to cover basic expenses.